Rs 165 cr for Kanakadasa Hostels
Karnataka Budget 2022 highlightsA mountain of expectations. That’s how Karnataka Chief Minister Basavaraj Bommai’s office described the anticipation surrounding the maiden Budget. CM Bommai has announced an increased allocation in welfare schemes for the socially and economically weaker sections. Also, the chief minister has announced Rs 1000 crore for the Mekedatu water project that will greatly help Bengaluru city. Thanks for tuning in for live updates on DH.
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Karnataka Budget 2022: Budget Estimates for 2022-23 Fiscal
Government sets GST collection targets of Rs 76,743 for 2021-22 fiscal
Revenue collection target for Commercial Taxes Department for 2022-23 fixed at Rs 77,010 crore.
Total receipts projected at Rs 2.61 lakh crore
Total expenditure Rs 2.65 lakh crore
Revenue Deficit is estimated at Rs 14,699 cr and fiscal deficit at Rs 61,564 crore, which is 3.26% of GSDP.
Total liabilities at the end of 2022-23 estimated at Rs 5.18 lakh cr, which is 27.49% of GSDP.
Rs 29,000 crore target for Excise Department and Rs 8,007 crore for Transport Department
Revenue collection target of Rs 15,000 crore for Stamps and Registration Department for 2022-23 fiscal
Rs 56,710 crore provided for administrative reforms and public services sector
Center for Technology Research in Digital Governance in partnership with IIIT-Bengaluru to promote the delivery of services through e-governance.
The government will increase subsidies for Kannada films from 125 to 200.
Automatic driving testing tracks to be established at a cost of Rs 80 cr at Devanahalli, Kolar, Hospet, Gadag, Ballari, Vijayapura, Bhalki, Yadgir, and Davanagere.
Facility to pay tax on monthly basis for vehicles that pay quarterly taxes exceeding Rs 30,000
Watch CM Basavaraj Bommai present the Budget 2022 here
Karnataka Budget 2022: Karnataka Buget Conservation of Culture, Heritage and Natural Resources
Karnataka Kalagrama will be developed under PPP model.
Research centre for "Arebhashe" to come up at Mangaluru University.
'Adopt a Monument' scheme to encourage adoption of monuments of state for protection and development. Tourist guides to get a monthly incentive of Rs 2,000 crore
Eco-budget of Rs 100 crore to compensate for the negative effects created on forest systems 'Blue-Plastic Management scheme' at Rs 840 crore with help from World Bank to address the issue of plastics polluting water resources in coastal areas.
KSTDC "Pavitra Yatre" programme to facilitate tours to piligrimage centres
30,000 Kashi pilgrims to get a subsidy of Rs 5,000 per person.
Chief Minister Basavaraj Bommai's family members are watching the budget speech. (Middle row, left to right) Son Bharath, daughter-in-law Ibbani, wife Chennamma, and daughter Aditi.
Karnataka Budget 2022: Rs 8,049 core for comprehensive Bengaluru city development
CM Bommai said DPR for Phase-3 of Bengaluru Metro willbe submitted at a cost of Rs 11,250 crore. It willcover32 km outer ring road from Hebbal to JP Nagar and 13 km between Hosahalli and Kadabagere.
Sky Walk at Rs 45 crore at Banashankari junction to connect the metro station with the bus stand.
Rs 55 Crore for connecting metro stations with railway stations at Whitefield, KR Puram, Baiyappanhalli, Yeshwanthpura and Yelahanka.
Bengaluru four corridors of Sub-Urban railway projectrunning a length of 148 km to be completed by 2026 at a cost of Rs 15,267 crore.
Rs 404 crore for infra works at Sir M Visveshwaraiah, Banashankari 6th stage and Anjanapura layouts.
Acquisition of 1,297 acres of land for Kempegowda Layout to be completed soon.
Rs 8,049 cr allocated for comprehensive development of Bengaluru.
20 selected schools will be developed as 'Bengaluru Public Schools' at Rs 89 crore.
500-bed super-specialty hospitals in four parts of Bengaluru under the Public-Private model.
Rs 1,500 crore to develop mega storm water drains in Bengaluru to prevent flooding in residential areas.
Karnataka Budget 2022: New projects,schemes to attract investments and more jobs to locals
Government to set up5,000 MW capacity hybrid renewable energy park in 8 districts under PPP model, CM Bommai said.
Mega Jewellery Park' will be established in Bengaluru - to generate employment for 10,000 people
FMCG (Fast Moving Consumer Goods)cluster to come up in Dharwad. A special incentive package will be announced soon
Karnataka Special Investment Region Act will be formulated to establish, operate and control mega industrial regions and to establish mega industrial estates. Tumakuru and Dharwad districts to be notified as Special Investment Region,CM Bommai added.
'Beyond Bengaluru Cluster Seed Fund for Start-ups' will be established in Mysuru, Mangaluru and Hubballi at a cost of Rs 20 crore.A grant of Rs 12 crore will be provided for this project this year.
State government to run MySugar factoryfor two years on an experimental basis. Rs 50 crore has been allocated for the repair of machinery.
New textile parks at PPP model at Navalgund and Ranibennur.
Global Technology Centre plug and play facility to be established at KSSOU in Mysuru at a cost of Rs 30 crore.
Global Emerging Technology Design Centre at Belagavi at a cost of Rs 150 crore in partnership with enterprises.
Action to provide more incentives to industries that create more employment. Preference to attract labour-intensive industries.
Karnataka Budget 2022: New airports and upgradation of existing ones in the state
Greenfield Airport at Raichur at a cost of Rs 186 crore with funds from the District Mineral Fund
Proposal for airports at Dharwad and Koppal, and to extend the runway at Mysuru Airport.
Heliports to come up at a cost of Rs 30 crore at Madikeri, Chikkamagalur, and Hampi.
Karnataka Budget 2022: Road and infrastructure schemes
Rs 300 crore for roads damaged during the rainy season.
1,000 lakes to be developed at a cost of Rs 10 lakh per lake
2,275 km of state highways to be developed at a cost of Rs 3,500 crore
Re-asphalting of1,008 state highways at a cost of Rs 440 crore.
Karnataka state governmentto submit the proposal to centre for a 55 km Gadag-Yelagavi new rail line at a cost of Rs 640 crore
The process to implement the Dharwad-Kittur-Belagavi rail line will be set in motionat a cost of Rs 927 crore at the earliest, CM Bommai said.
Kalyana Karnataka Region Development Board gets more funds
CM announces Rs 3,000 crore for Kalyana Karnataka Region Development Board.
Of this Rs 1,500 cr will be for education, social and economic development, and Rs 1,500 cr for micro-projects.
A total allocation of Rs 68,479 crore is being provided for inclusive growth and the welfare sector.
Allocation for education, health, skill development, and other welfare depts increased by Rs 6,329 crore:said CM Bommai
For employment to youth and women, 2022-23 to be observed as 'Jeevanopaya Varsha'. Action plan worth Rs 1,100 crore proposed, said CM Bommai
Government to build more houses for the economically weaker section
Three lakh houses to come up under various schemes in 2022-23.
CM Bommai added that 10,555 sites will come up under 10 KHB projects. 11 projects are in the stage of preparation and 11,674 sites will be developed.
Rs 2,610 crore has been allocated for the welfare scheme and2.3 lakh construction workers will be benefited from this.
100 hi-tech mobile clinics will be started at major places with a high density of construction workers. The bed capacity of ESI hospital from Davanagere and Hubballi to be increased from 50 to 100, added CM Bommai.
Karnataka Budget 2022: Minority welfare
CM announces saidmultiple residential schools of the Minority Welfare Department will be merged and renamed as 'APJ Abdul Kalam residential schools'. Rs 25 crore for modernisationof these schools.
The government will complete the survey of Wakf properties in the state.
Also, the government will offer financial assistance for street vendors, pushcart vendors, etc... from minority community under National Livelihood Mission.
Rs 400 crore for the development of backward and most backward communities.
CM Bommai announces Rs 100 crore fund for Lingayat Development Board and Vokkaliga Board.
Programmes worth Rs 50 croreto be implemented from Maratha Development Board, noted CM
300 SC/ST women to be trained in entrepreneurship at IIM.
CM announces Bengaluru Vinaya Samarasya Yojana to eradicate untouchability in the state.
Also, the government promises special support for the restoration and development of SC/ST mutts and institutions.
Narayana Guru memorial residential schools to come up at Udupi, Dakshina Kannada, Uttara Kannada and Shivamogga, added CM Bommai
Government to open creches in two taluk headquarters per district in areas with a high concentration of working women.
Honorarium for Anganwadi workers increased - by Rs 1,500 for those who served for 20 years, and Rs 1,250 for those who served between 10-20 years.
Under a new scheme called 'Poushtika Karnataka' fortified rice with added nutrients to be distributed at a cost of Rs 93 crore in 14 districts to tackle malnutrition.
State govt willhelp poor students get loans for admission in government and private medical colleges, saidCM Bommai.
New hospitals to be set up and older ones will be modernised: CM Bommai
Kidwai Regional Cancer Centre to come up at Belagavi at Rs 50 crore.
Rs 89 crore to modernise KR Hospital in Mysuru.
Honorarium of Asha workers to be increased by Rs 1,000.
Rs 1,000 crore for Ramanagara Rajiv Gandhi University of Medical Sciences campus.
New regional cardiac center at Rs 250 crore to come up in Hubballi.
Government to set up 438 'Namma Clinics' across the state
Namma Clinics will be set up in all wards of Bengaluru.
75 taluk hospitals to be mapped with Jayadeva Hospital to provide cardiac-related treatment.
Government hospitals with more than 200 beds would be converted to teaching hospitals after obtaining approval from NMC.
Menstrual cups to be distributed in Chamarajanagar and Dakshina Kannada districts under 'Shuchi' scheme.
Mobile clinics to be established at a cost of Rs 11 cr at Bidar, Chamarajabagar, Haveri and Chikkamagalur district
Karnataka Budget- Welfare sector
Rs 1,000 cr to improve 100 Primary health care centres.
Rs 750 cr for Dr. BR Ambedkar hostels
Rs 100 cr for furniture in government high schools and PU colleges.
Rs 500 cr for the development of infrastructure at government schools of the state.
1,000 grama panchayats to be converted to fully literate grama panchayats in two years.
Digital libraries to be established across the state.
Free coaching facility for KPSC. UPSC, SSC, NEET, JEE andotehr exams under 'Mukhyamantri Vidyarthi Margadarshini' scheme.
Honorarium for mid-day meal cooks and helpers increased by Rs 1,000.
Seven Karnataka Institute of Technology to come up along the lines of IITs.
New model universities to come up in Chamarajanagar, Bidar, Haveri, Hassan, Kodagu, Koppal and Bagalkot districts.
Multi-storied hostel complexes with a capacity of 1,000 to come up at Belagavi, Hubballi-Dharwad, Kalaburagi, Mangaluru and Mysuru under 'Deen Dayal Upadhayaya Sauharada Vidyarathi Nilaya', added CM Bommai
Agri and allied sectors to receive Rs 33,700 cr in 2022-23 fiscal, said CM Bommai
Three lakh farmers to get Rs 24,000 cr as farm loans. Three lakh new farmers to benefit. Special allocation to improve co-operative hospitals.
The government has allocated Rs 500 cr for the first phase of the Pashchimavahini project - which proposes to build check dams in west-flowing rivers. Rs 1,500 cr has been allocated for the Kharland project.
Also,234 lakes will be filled in Bengaluru Urban, Rural, Tumakuru, and Chikkaballapur districts by treating Vrishbavathy water at a cost of Rs 864 cr.
And, Rs 455 crore has been sanctioned for the second phase of the KC Valley project.
Once getting the nod from the centre, the state government will commence the Mekedatu project. Rs 1,000 crore fund has been allocated for this project, said CM Bommai
Also, the first phase of the Yettinahole project will be complete. The second phase gravity feeder works to be completed soon. Rs 3,000 cr fund for works related to the project has been allocated.
Gau-shalas to be increased from 51 to 100 in the state
Rs 50 cr allotted for increasing the gau-shalas from 31 to 100. the purpose.
To preserve local varieties of cattle, KMF distributes 2,000 cattle to be distributed to farmers. Gau Mata Sahakari Sangha to come up, CM Bommai said
100 new veterinary hospitals will be set up in stages in the state
Besides veterinary hospitals,Krishi Samruddhi Sahakari Bank is to come up in the state. State to invest Rs 100 cr share in the bank, said Bommai
Also, govt will set up a training centre at KR Pet, Mandya on sericulture practices at PPP model. E-payment to be implemented at silk markets.
The government will increase the compensation for the accidental death of sheep and goatfrom Rs 2,500 to Rs 3,500.
Also, to encourage deep-sea fishing, 100 deep-sea fishing boats are to be sanctioned, said CM Bommai.
In eight fishing ports, dredging to be taken up to improve navigation channels for boats in phases.
There is a demand to increase in green space in Bengaluru;governmentwill soon set upa 350 acre Atal Bihari Vajpayee parknear Yelahankaat Yelahanka, CM Bommai added
CM Bommai announces to set up newagriculture college at Hagari at Ballari district and Athani, Belagavi district.
Also, Dharwad Agri University to have a chair on farmers' welfare.
CM Bommai added that the Krishi Yantradhaare scheme will beextended to all hoblis of the state. Mini food park in all districts under PPP model soon.
Rs 500 crore fund has been given to Raitha Shakthi Yojana to help marginal farmers in terms of fuel cost for mechanizedmachines harvest crops.
"GST devolution allocation increased by around Rs 3,000 cr to Rs 27,000 cr by the Centre due to increased GST revenues. Have urged Centre to extend GST compensation for states for three more years", said CM Bommai
Karnataka witnessed slow growth due to the Covid pandemic in the last two years. The economy has revived considered revenue collection of the state, says Bommai Service sector grew 9.2%. GSDP growth expected at 9.5%: CM Bommai
'Panchasutra' for the welfare of the people of the state. Backward areas of the state to be identified in a scientific manner to improve the Human Development Index of all districts, says CM Bommai
Education, employment, and empowerment for socially and economically weaker section of the societyis our priority: CM Bommai
CM Basavaraj Bommai all set to present Budget 2022 at Vidhana Soudha
Picture Credit: DH Photo/ SK Dinesh
Chief Minister Basavaraj Bommai metthe Finance Department officials and was handed over the balance sheet for the year 2022-23. Cabinet ministers Govind M Karjol, CC Patil andByrathi Basavarajawere present along withFinance Chief Secretary, ISN Prasad, Secretaries Ek Roop Kaur, PC Zafar and others.
CM Basavaraj Bommai visits temple before heading to Vidhana Soudha
CM Bommai is slated to chair the Cabinet meeting at 12.10 pm where the Budget 2022-23 will be approved. This is Bommai's first-ever budget presentation and is expected to announce welfare schemes and special funds for Bengaluru infrastructure projects to woo voters ahead of the BBMP (Bruhat Bengaluru Mahanagara Palike) election.
Government officials moving Karnataka Budget 2022 booklets to the Vidhana Soudha
Bommai is likely to increase the expenditure by 6% to 10%
Bommai is likely to increase the expenditure by 6 per cent to 10 per cent, taking the total size of the Budget from Rs 2,46,207 crore in the 2021-22 to 2.6 lakh crore for the current year. It is expected that all revenue-generating departments will exceed targets. The state's tax revenue is expected to be Rs 1.21 lakh crore than the earlier figure of Rs 1.1 lakh crore, according to sources in the finance department.
'No compulsion for Bommai to increase taxes'
According to IANS sources, as all departments are meeting the revenue targets, there is no compulsion as such for CM Bommai to increase taxes. However, the efforts will be made for resource mobilisation and presenting a tax free budget. The farmers as well as the business community ravaged by the Covid pandemic as well as natural calamities in the last year have a lot of expectations from the Budget.
'Waive off registration fees and road taxes on electric vehicles'
The government was asked to waive off registration fees and road taxes on electric vehicles along with incentives up to Rs 30,000 per vehicle. TheKarnataka Small Scale Industries Association (KASSIA) demanded soft loans fromthe KarnatakaStateFinancial Corporation at 4% for MSMEs and startups.
Trade bodies seek export promotion, incentives for EVs in Karnataka Budget
The industry and trade representatives on Saturday urged Chief Minister Basavaraj Bommai to allocate adequate funds in the 2022-23 budget for infrastructure in industrial layouts, promotion of exports and incentives for electric vehicles.
Karnataka budget 2022: Will CM woo voters with sops?
On March 4, all eyes will be on Chief Minister Basavaraj Bommai as he will present his maiden state budget.
Two years of acute economic distress caused by the Covid-19 pandemic had left little room for fiscal manoeuvring. However, revenue collection has improved since the dreaded Delta wave last year, allowing for some big-ticket announcements in the budget.
Forum demands Rs 1,000-crore budgetary allocation for BMTC
A day before the budget presentation, bus commuters on Thursday requested the chief minister to allocate Rs 1,000 crore to the Bangalore Metropolitan Transport Corporation (BMTC) and take steps to encourage public transport.
Bommai to present 2022-23 Budget today
A mountain of expectations. That’s how Chief Minister Basavaraj Bommai’s office described the anticipation surrounding his maiden Budget that he will present at 12.30 pm on Friday in the Legislative Assembly.